I think every company needs to constantly change as is currently required to be competitive.
Project management is a critical part in this, as is deciding about the right projects, the project control and the resource commitment in the organization.

What is the Importance of Project Management?Paul D Giammalvo, Professor and Consultant, IndonesiaProf. Ana, as evidenced by the taming of fire, invention of the wheel, the pyramids in Egypt, the Great Wall of China and the other "wonders of the ancient world", it seems as though project management as a delivery system has been part of human development for thousands of years.
I would argue that the propensity of humans to "initiate, plan, execute, control and close" projects is somehow "hard wired" into the human psyche - that if we donít have projects to do, we invent them?

We Need Project Management for Strategic Projectsthiga, Entrepreneur, KenyaUnlike the routine operations which organizations undertake, project management often focuses on the big picture of where the organization wants to be, by implementing projects that will deliver the desired change.
Itís often a strategic tool to achieve a competitive edge for example by a re-engineering project or a project aiming to enter a new market.
In doing so, it's critical to understand what each project targets to achieve and set benchmarks that allows periodic reviews along these targets. And most importantly, the top management must support and believe in the initiative, commit the resources required as well as help resolve any bottlenecks.

What is the Importance of Having a Project Manager?James07, Business Consultant, IndiaA project manager plays a big role. Generally, a project managerís assignments fall under the wide umbrella of "keeping a project on track to achieve its goal." This can mean working with a wide variety of people, from C-level executives to hourly support staff.
A project manager must define what a project will achieve - and then ensure it meets those goals. The first step is to estimate the time, human and capital resources, and steps needed. Then, the project manager forms the teams to carry out the tasks - and leads them toward completion. Project managers provide much-needed direction to ensure that at every phase of the project, each contributor knows what's expected.
Project managers communicate with upper management and outside vendors and clients as needed. In fact, proactive communication is one of a project manager's most important functions.